24 Hours Later, Fed’s Surprise Keeps Investors Scratching Their Heads
For investors, it?s back to the drawing board.Wall Street is now furiously revising expectations about the role the Federal Reserve will play in the economy in the months ahead. The bout of introspection comes after the Fed dashed the widespread assumption that it would begin slowing down, or ?tapering,? its $85 billion-a-month bond buying program ? a stimulus effort that has become a driving force in financial markets.
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